Lilium’s financial struggles are reaching a crisis point as it strives to get to first flight of the Lilium Jet. Credit: Lilium Lilium has stepped up pressure on the German federal and Bavarian ...
Thursday's news from next-generation aircraft developer Lilium (NASDAQ: LILM) was worrying. On the Germany-based company's admission that it would not be provided a loan guarantee by that country ...
Without a loan from the German government and the matching funds from the State of Bavaria, Lilium N.V. (NASDAQ:LILM) will have to quickly find other ways to raise the cash it needs to avoid ...
German air taxi developer Lilium has powered up its Lilium Jet for the first time, marking what it calls a “significant milestone towards first flight”. The Munich-based urban air mobility ...
Systems power-on paves the way for start of Lilium Jet ground testing campaign The first Lilium Jet – MSN 1 – will be used to confirm safety for first piloted flight planned for early 2025 MSN ...
Lilium NV, which is working to produce a small commuter aircraft powered by electric jets, said it was denied a government-backed financial lifeline, throwing its future into doubt as the company ...
the “Lilium Group”) proposed business and business model; (ii) the markets and industry in which the Lilium Group operates or intends to operate; and (iii) the Lilium Group’s progress ...
But when I wear pink, I don’t get to experience the same effect. The color that makes me feel most prepared when I dance is brown, so I decided to wear brown. But I also decided to give it its ...
Diligence undertaking by KfW is a decisive step towards public support of LiliumCEO Klaus Roewe: We are expecting a swift process.Lilium targets minimum € 100 million KfW loan... MUNICH - Lilium ...
Lilium divulged the news in a regulatory filing with the U.S. Securities and Exchange Commission (SEC). The company said that it "received indication" that the German parliament's budget committee ...